05 May 2015
Ithmaar Bank launches Bahrain’s most rewarding loyalty programme ‘Ithmaar Rewards’
World-class loyalty programme allows Credit Card holders to redeem points online and choose from 700 airlines, 150,000 hotels and car rental services
MANAMA, BAHRAIN – 5 May 2015 – Ithmaar Bank, a Bahrain-based Islamic retail bank, in collaboration with MasterCard, has launched a new comprehensive value-added credit cards loyalty rewards programme – Ithmaar Rewards.
The programme includes new and unique features, which offer Ithmaar Bank MasterCard credit card holders loyalty points for simply using their credit cards. The points accumulated from amounts spent can be redeemed online to purchase airline tickets from a choice of 700 airlines, make hotel reservations from a choice of 150,000 hotels or book car rental services worldwide without restrictions or blackout dates and inclusive of all taxes.
The loyalty points can be redeemed online by logging on to the Ithmaar Rewards page www.ithmaarbank.com/ithmaarrewards. The programme also allows cardholders to use the accumulated points to book a trip for a friend or family member.
“Ithmaar Bank is committed to becoming the Islamic bank of choice, and we are working to continuously improve our customers’ banking experience,” said Ithmaar Bank Chief Executive Officer Ahmed Abdul Rahim. “We continue to invest heavily in developing our products and services while also working to be closer to our customers and this Ithmaar Rewards launch is a major step,” said Abdul Rahim.
“Ithmaar Bank is determined to become the region’s premier Islamic retail bank,” said Ithmaar Bank General Manager, Retail and Private Banking, Abdul Hakeem Al Mutawa. “We recognise that, to do so, we must listen closely to our customers and we must deliver on their expectations,” said Al Mutawa. “Ithmaar Rewards is one of Ithmaar Bank’s unique offerings, designed and developed to show our appreciation to our customers. We are very pleased to have worked in collaboration with MasterCard on this project and proud to present a first of its kind, world-class loyalty programme in Bahrain, providing a comprehensive solution to our loyal card holders,” he said.
Somu Roy, Vice President and Country Manager – Bahrain, MasterCard, commented: “We are proud to launch Bahrain’s most rewarding credit card programme with Ithmaar Bank, who are one of our key partners in Bahrain’s Islamic banking sector.” He added: “We pride ourselves in offering customers value-added benefits, premium privileges and rewards. With Ithmaar Rewards, we are actively rewarding MasterCard cardholders for using their cards to enjoy simple, safe and secure transactions.”